Rodney Glassman on Corporations

Tax Wall Street bonuses like we tax regular income

If we taxed Wall Street bonuses like we tax regular income, it could help pay for:

A $5,000 tax credit for each new employee hired by small business. This was is in the jobs bill that was dashed by Republican obstructionism.
Businesses with 20 employees or less need an incentive to hire more people and this tax credit will do that. Businesses could collect this quarterly, so they wouldn't have to wait until the end of the year to see the payoff.

One-year rebates on small business payroll and unemployment taxes for new employees. The payroll tax rebate was part of the jobs bill that Congress has been considering.
I would expand it to include employment insurance paid by employers. We can make new hires a bargain for employers.

It's wrong that half of corporations pay NO income taxes

It's wrong that over half of corporations pay NO income taxes. We need a
Senator committed on working to make sure the super-rich and big corporations pay their fair share of taxes--and that working families do not end up footing the bill and seeing their tax burden increase.